Armadha Chits Private Limited
About Armadha Chits Private Limited
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Armadha Chits Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 10 December 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1998PTC041558.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vatta Kandiyal Ramakrishnan (Managing Director) and Anish.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.64 Lakh, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹2.55 Lakh (net margin 13.7%) and EBITDA of ₹3.67 Lakh (EBITDA margin 19.7%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 31% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Armadha Chits Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address7th Floor Commercial Block, Pettukola Tower Poonamallee High Road, Chennai, Tamil Nadu, India – 600010
- IndustryFinancial Services, Financial Activities
To see the full contact details of Armadha Chits Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Armadha Chits is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Armadha Chits Private Limited, buy the company report.
Financials of Armadha Chits Private Limited
FY 2025 filings availableArmadha Chits Private Limited reported revenue of ₹18.64 Lakh (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 12% growth in the latest year. EBITDA rose 20% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.67 Lakh | ||||
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| Net Profit (PAT) | ₹2.55 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.7% | ||||
| Net Profit Margin | 13.7% | ||||
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To see the full financial statements and ratios of Armadha Chits Private Limited, buy the company report.
Board of directors of Armadha Chits Private Limited
Armadha Chits has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anish | Director | 16 Sep 2021 | 5 Years 1 Months | Current |
| Vatta Kandiyal Ramakrishnan | Managing Director | 10 Dec 1998 | 27 Years 10 Months | Current |
Peer comparison
Armadha Chits Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Superking Electricals Pvt Ltd | ₹18.67 Lakh (FY 2023) | -3.0% | Kolkata, West Bengal, India | |||
| Rajarshi Kuries Private Limited | ₹18.66 Lakh (FY 2025) | -29.0% | Thrissur, Kerala, India | |||
| Thapar Ventures Private Limited | ₹18.65 Lakh (FY 2025) | -64.0% | Pune, Maharashtra, India | |||
| Jagjeet Securities Private Limited | ₹18.65 Lakh (FY 2025) | 48.0% | Patna, Bihar, India | |||
| Sri Muthumeena Chit Funds Private Limited | ₹18.64 Lakh (FY 2025) | -20.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Armadha Chits Private Limitedthis company | ₹18.64 Lakh (FY 2024) | ₹2.55 Lakh | 13.7% | 12.0% | Chennai, Tamil Nadu, India | |
| Panjabi Fiscal Services Pvt Ltd | ₹18.64 Lakh (FY 2025) | 24.0% | Mumbai, Maharashtra, India | |||
| Coimbatore Kalpana Chit Funds Private Limited | ₹18.63 Lakh (FY 2025) | -71.0% | Coimbatore, Tamil Nadu, India | |||
| Prakriti E-Mobility Asset Management Service Private Limited | ₹18.63 Lakh (FY 2024) | New Delhi, Delhi, India | ||||
| Pronto Financial and Investment Serviices Private Limited | ₹18.62 Lakh (FY 2025) | 85.0% | Kanpur, Uttar Pradesh, India | |||
| Jayant Kundan Nidhi Limited | ₹18.62 Lakh (FY 2023) | 27.0% | Alirajpur, Madhya Pradesh, India |
To see the full peer comparison of Armadha Chits Private Limited, buy the company report.
Shareholding
The shareholding of Armadha Chits Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Armadha Chits Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Armadha Chits Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Armadha Chits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Armadha Chits Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Armadha Chits Private Limited has 6 board changes on record since 1998: 2 appointments and 4 cessations. The latest: Anish ceased to be Additional Director on 23 Nov 2021.
Frequently asked questions
Armadha Chits is an active private limited company based in Chennai, Tamil Nadu, India. The company works in financial activities, within the financial services industry. It was incorporated on 10 December 1998 (28+ years old) and is registered under CIN U65991TN1998PTC041558.
Armadha Chits has 2 current directors:
- Vatta Kandiyal Ramakrishnan - Managing Director
- Anish - Director
The latest financial statements of Armadha Chits on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Armadha Chits is U65991TN1998PTC041558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Armadha Chits was incorporated on 10 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Armadha Chits by revenue are Superking Electricals Pvt Ltd, Rajarshi Kuries Private Limited, Thapar Ventures Private Limited, Jagjeet Securities Private Limited, Sri Muthumeena Chit Funds Private Limited and 5 more, all in the same principal business activity (other financial activities).
Anish ceased to be Additional Director on 23 Nov 2021. Anish was appointed as Director on 16 Sep 2021. Vatta Kandiyal Ramakrishnan ceased to be Director on 07 Jul 2021. Armadha Chits has 6 board changes on record in total.
The registered office of Armadha Chits is at 7th Floor Commercial Block, Pettukola Tower Poonamallee High Road, Chennai, Tamil Nadu, India – 600010.
Armadha Chits operates in the financial services industry, in the financial activities segment.
The compliance status of Armadha Chits is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.
Armadha Chits can be reached at its registered office: 7th Floor Commercial Block, Pettukola Tower Poonamallee High Road, Chennai, Tamil Nadu, India – 600010.
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